1.0 Introduction - 3 -
2.0 External Analysis: PESTEL Framework - 6 -
3.0 Industry Analysis: Porter’s Five Forces - 9 -
4.0 Internal Analysis - 11 -
4.1 SWOT analysis - 11 -
4.2 Value chain analysis - 12 -
4.3 Resource & Competencies - 14 -
5.0 Vision, Mission, Objectives & Measures - 15 -
5.1 Vision - 15 -
5.2 Mission - 15 -
5.3 Objectives - 15 -
6.0 Strategic Options - 16 -
6.1 Generic strategy - 17 -
6.2 Competitive strategy - 17 -
7.0 Developing Strategies - 18 -
7.1 Corporate strategy - 18 -
7.2 Business strategy - 19 -
7.3 Functional strategy - 19 -
8.0 Implementation Plan - 20 -
References - 21 -
ASDA is one of the biggest retail supermarkets in the UK. It has 17% (in 2009) of market share in the UK retail market. The UK retail sector is highly competitive and ASDA has to act according to changing business environment and adopt new business strategies to improve its market position by increasing its market share. This document is an analysis of ASDA’s current position in the market and strategy which can be applied to improve its position in the UK retail market.
The relevant theories such as PESTLE Analysis, SWOT Analysis, BCG Matrix, Porters five and Ansoff‘s matrix have been use to explain the business environment of ASDA.
The new vision and mission statement has been developed and business strategy which can be used to improve ASDA’s market position in three years time is clearly defined.
ASDA Stores Limited was founded as Associated Dairies & Farm Stores Limited in 1949 in Leeds. The adoption of the ASDA name occurred in 1965 with the merger of the Asquith chain of three supermarkets and Associated Dairies; ASDA is an abbreviation of “Asquith and Dairies”, often capitalized. ASDA became a subsidiary of the American retail giant Wal-Mart, the world’s largest retailer, in 1999, and... [continues]
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(2010, 08). Asda Marketing Strategy. StudyMode.com. Retrieved 08, 2010, from http://www.studymode.com/essays/Asda-Marketing-Strategy-370346.html
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"Asda Marketing Strategy." StudyMode.com. 08, 2010. Accessed 08, 2010. http://www.studymode.com/essays/Asda-Marketing-Strategy-370346.html.